Fed's Bullard on Rate-Hikes, Balance Sheet, Economy

The video discusses the Federal Reserve's approach to managing inflation through rate increases, drawing parallels to the 1994 tightening cycle. It highlights the need for a neutral policy rate to avoid upward inflation pressure and addresses market expectations and geopolitical risks. The importance of adjusting the balance sheet and understanding economic projections is also emphasized, with a focus on maintaining a strong labor market.

What does the speaker mean by 'getting to neutral' in terms of policy rates?

How does the speaker view the relationship between the balance sheet and interest rates?

What are the implications of the current labor market conditions as described by the speaker?